Dayton wants Vikings to pony up 'significant equity' in new stadium

Summary of 2 articles · Updated Sep 16, 2013

But in a letter Monday to the Minnesota Sports Facilities chairwoman Michele Kelm-Helgen, Dayton urged the authority to make sure the owners and team contribute "significant equity" to the project. Dayton on Monday urged the public board overseeing constr… (more)uction of the $975 million downtown Minneapolis stadium to get the Wilfs to contribute “significant equity” to the project and to limit their ability to pass hefty construction costs on to the team’s most loyal fans. Mark Dayton is pushing to make sure the team owners pay what he considers a fair share. Days after an extensive background check of Zygi and Mark Wilf determined that they had the financial means to pay for their slice of a new Vikings stadium, Gov. Several teams that recently built new stadiums, such as the Dallas Cowboys, San Francisco 49ers and New York Jets and Giants, have generated hundreds of millions of dollars in revenue through seat license fees.